英文摘要 |
The government in Taiwan promoted the WiMAX standard in 2005, andleaped boldly into an unknown future. This was a complex policy maneuver,since it required coordinating efforts from many government units. The variousbranches of the Executive Yuan were responsible for initiating the new technology.The main concern of the Ministry of Economic Affairs was manufacturingand exporting ICT products, and the NCC was responsible for spectrummanagement and awarding WiMAX licenses. At that time, there were no internationalstandards and no business models for WiMAX technology, so themain policy goal of the license auction was to promote this new technology,and hence the auction design was quite particular.This paper analyzes the implications of the WiMAX auction design. Inorder to ease the burdens for new entrants, the bids were placed not in monetaryamount but in percentages of sales. However, the average of winning bidswas 7%, which was quite high compared with the 2% for 2G licenses. The limited-round design was also quite particular, and there was a crucial proposalreview stage eliminating some bidders, so to the surprise of many, the actualauction was a single round.It is almost an international standard to test auction designs with experimentalstudies. In order to demonstrate the proper policy formulation procedures, weconducted experiments to compare the efficiency of a standard simultaneousmulti-round auction with the limited round design of the WiMAX auction. |